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1928 E 18th Ave 1,897 SF Office Building Denver, CO 80206 $699,000 ($368.48/SF) 6.06% Cap Rate
Executive Summary
PRICE REDUCED $50K in January - now priced at $699K!
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner. The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner. The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,897 SF
Building Class
B
Year Built
1908
Price
$699,000
Price Per SF
$368.48
Cap Rate
6.06%
NOI
$42,347
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,170 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.06 AC
Zoning
G-RO-3 - G-RO-3, Property Type: Commercial-Office
Amenities
- Storage Space
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Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 2355-17-027 | Improvements Assessment | $72,900 |
| Land Assessment | $72,900 | Total Assessment | $197,150 |
Property Taxes
Parcel Number
2355-17-027
Land Assessment
$72,900
Improvements Assessment
$72,900
Total Assessment
$197,150
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Murphy Business & Financial Corp
1928 E 18th Ave
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